Business News

Last updated: Friday, October 31, 2014 12:00:04 AM

Infosys net up 18 percent in second quarter
Bangalore, Oct 11 (IANS) Infosys Technologies Ltd. has posted a net profit of Rs. 11 billion for the second quarter (July-September) of the current fiscal (2007-08), registering a year-on-year (YoY) growth of 18 percent under the Indian GAAP.

Thursday, October 11, 2007 9:53:56 AM

Hindi SMS may be a reality soon
New Delhi, Oct 11 (IANS) Don't be surprised if you find a Hindi advertisement of a product in your mobile handset when you receive an SMS (short messaging service).

Thursday, October 11, 2007 9:27:41 AM

Slowdown in Surat embroidery industry
Surat, Oct 11 (IANS) The famous embroidery industry in Gujarat's textile city is in the grip of a recession. The sharp growth rates the industry recorded in the past three years is showing signs of tapering off.

Thursday, October 11, 2007 8:56:29 AM

Less GSM subscribers added in September
New Delhi, Oct 10 (IANS) India added 5.60 million new subscribers in the GSM mobile telephony segment in September as against 5.95 million in August, according to data released by an industry body Wednesday.

Wednesday, October 10, 2007 8:59:01 PM

IBM launches new product suite for mid-size businesses
Bangalore, Oct 10 (IANS) IBM India, the largest subsidiary of the global IT major outside the US, Wednesday rolled out a suite of products for mid-size businesses in the Indian market, with a host of industry solutions for the small and medium enterprises (SMEs) in select cities.

Wednesday, October 10, 2007 8:43:21 PM

Airtel offers high-speed broadband Internet service
Bangalore, Oct 10 (IANS) Leading Indian telecom service provider Bharti Airtel Ltd will soon offer 8 Mbps (megabits per second) broadband Internet access for retail and home segments in select cities.

Wednesday, October 10, 2007 7:55:07 PM

Oil India to float IPO
New Delhi, Oct 10 (IANS) The Oil India Ltd (OIL) will dilute 10 percent equity stake of its paid-up capital through an initial public offer (IPO), Minister of Petroleum and Natural Gas Murli Deora said here Wednesday.

Wednesday, October 10, 2007 7:29:40 PM

SBI cuts rates for new loans
Mumbai, Oct 10 (IANS) India's largest public sector bank, the State Bank of India (SBI) Wednesday announced cut in interest rates on new loans for homes, automobiles and farm equipment as a festival season offer that runs till Dec 31 this year.

Wednesday, October 10, 2007 7:05:15 PM

Indian stocks set new record, end firm
Mumbai, Oct 10 (IANS) Indian shares rose to a yet another record close Wednesday, continuing their upward surge riding on robust foreign institutional investment (FII) flow, with the benchmark index up 2.1 percent, led by Larsen & Toubro and BHEL.

Wednesday, October 10, 2007 6:24:29 PM

Hero Cycles inks JV with Ultra Motor
New Delhi, Oct 10 (IANS) The Hero Exports Pvt Ltd, an affiliate of Hero Cycles Ltd (HCL), entered Wednesday into a joint venture with the Ultra Motor Co (UMC), a Britain-based electric vehicle company, to form Hero Ultra Pvt Ltd.

Wednesday, October 10, 2007 6:23:27 PM

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